I appreciate you getting back here in the thread, Mindy.
You're correct. By doing so, vendor invoices will reflect in your COGS (Cost of Goods Sold) account and fit your current designated cost codes in QuickBooks Online (QBO).Moving up to cost codes used for materials and labor, you'll want to work with an accountant. This way, they can double-check your settings and provide the most appropriate way to handle this situation while tracking these activities accurately.
If you don't have an accountant, I can help you find one. Visit this page and enter the necessary details to find an accountant who works near you: Find a QuickBooks ProAdvisor.
Moreover, here's an article that you can use to track sales and the status of stocks available in your company, as well as modify the report to show more data: Use reports to see your sales and stock status in QuickBooks Online.
I encourage you to utilize the comment section if you have any additional inquiries about vendor invoices or products and services in QuickBooks. I'll make sure to be around to extend a helping hand. Keep safe.
